Hopefully these are the last of the revisions & they can achieve these targets......tons mined/processed/recoveries/cost of production & ounces delivered. If so, it's cheap and sets itself up as a target for someone like PRU looking to add incremental production ounces in a relatively safe African jurisdiction but a lot of the blue sky is gone. Whereas I thought 90c-$1 was where it could go before all the revisions, I think it's around 60-65c now & that's predicated on achieving the revised numbers. A mess on management execution with respect to reliable resource definition & pushing production before they had anywhere near enough processable ore available. Seen this a few times with new developments now.
TIE Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held